Recovery to push Australia to GAS fired future, page-12

Pete
We all know about the roadblocks but cannot agree with you on the commendations on how it’s been managed. They knew this thing was moving slow but have never addressed the excessive spend.

If you know it’s moving slow then manage our money in the most cost efficient manner possible.

It’s take. something like Covid to cut costs!

For 10 years they have maintained a mammoth directorship and huge management team. FFS we have:
- CEO
- CFO
- COO
- Legal/ Secretary
- GM exploration
- GM development
- Lead Geo

Which means they probably employ say 30 people + contractors

Honestly, WTF are they be doing? we are not producing, not drilling, with the exception of Mahalo North no new tenements, no study to show, a horrible drop in reserves, no fixed milestones or even a program to explain what they are doing.

Raised another $11.6m in December

We have $9M left in the bank as of March

We burn +$3M a qtr

Absolutely disgraceful